$ What is a cryptocurrency ?? $

in cryptocurrency •  7 years ago  (edited)

Cryptocurrency - in other words, the cryptographic currency. A cryptography-based spread system that stores information about the state of ownership in the units contracted. The ownership status is associated with individual system nodes ("portfolios") in such a way that only the owner of the corresponding private key would have control over the given portfolio and it would not be possible to issue the same unit twice.

The most popular cryptocurrency is bitcoin, of course, but there are also many others, such as:

  • Ethereum
  • Ripple
  • litecoin
  • Cardano
  • Monero
  • and many others

This was my first post about cryptocurrencies, it is not too long and does not contain too much information, but I hope that you like it.

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Coins mentioned in post:

CoinPrice (USD)📉 24h📈 7d
ADACardano0.286$-1.85%17.78%
ETHEthereum638.170$0.16%26.19%
XMRMonero281.866$2.49%46.8%
XRPRipple0.869$-2.27%33.21%